N4692Z Appraisal
Sunday, March 31st, 2013
N4962Z Online Appraisal Report
1967 BELL UH-1E
Engine -LYCOMING T53-L11D
The aircraft is based at Beaver County Airport (KBVI) in Beaver Falls, Pennsylvania. The aircraft is certified in the restricted category and is set up for agriculture, forestry, patrolling, surveying, and sling work. The aircraft has approved 337s for spray gear.
The last annual was completed in September 2012
Time Life Limited Systems Status: Below are some of the life limited parts/components with the hours on those components.
Main Rotor Blades 176 and 324 hours on each
Main Rotor Head 898 hours
Main Servos 297 hours
Swash Plate Assembly 0 hours since new
Tail Rotor Blades 737 hours
Tail Rotor Gear Box 61 hours
Tail Rotor Yoke 1071 hours
Transmission 841 hours
The aircraft is in average condition for an aircraft that is used in the forestry, and surveying industry. The interior is utility configured. It has a basic utility military interior with lightweight pilot and co-pilot seats. No other interior is installed.
Additional Equipment:
Simplex Spray System – Current estimated value $50,000 Cargo Hook – Current estimated value $3,000 Ground handling wheels – Current estimated value $1,500
This appraisal on N4692Z a Bell UH-1E was completed March 29 2013. The appraisal was based on information provided to the appraiser by Mark Klokkenga.
Additional and/or optional equipment that add to the aircraft value are listed below with estimated current market values. This also includes spare parts that are included with the aircraft.
Spray gear system $50,000
Main rotor blade $140,775
Main rotor blade $167,624
Tail rotor blade $4,986
Tail rotor blade $4,986
Tail rotor grip $6,069
Tail rotor grip $6,308
Swashplate/Support $49,006
Cargo hook $500
2 Mil Set ground wheels $1,500
Flymall.org Market Watch – See below for applicable models
Click here for all Bell aircraft. This will allow you to view the 205 A-1, 204 B, UH-1E, UH-1B, and the UH-1H at the same time.
The information herein has been prepared from many sources and believed to be correct. The appraiser cannot warrant the accuracy of the source material. The appraiser referenced numerous websites for data and information to compute a fair market value on 4692Z. At the time of the appraisal there were no comparables listed on the many “aircraft for sale” websites. All aircraft information provided to the appraiser was presumed to be authentic and accurate.
The appraiser hereby certifies that he has no personal interest in this aircraft identified in this appraisal or any bias toward any of the parties who may be involved in the resulting transaction coincident to this report. The appraiser fee is not contingent upon a predetermined value being reported or a percentage of the value being reported.
The fair market value for 4692Z is based on the research stated in this report and historical sales data versus appraisal values. The appraiser used several similar aircraft listed for sale as a reference. The appraiser used the current asking price of those aircraft and calculated an estimated actual sale or purchase price based on the current market status. In addition the appraiser used a documented trade in value given to N4692Z in August 2011.
It is the opinion of this appraiser that the fair market value of the above aircraft is:
$383,333.00 USD
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